| Dec 13, 2010 | Economy / BusinessWell, the Democrats are finally showing some fight. They’re fighting with each other, but it’s a start. The fading Democratic majority in the House has balked at accepting President Barack Obama’s compromise with Republicans on the Bush tax cuts,...
| Dec 6, 2010 | Economy / BusinessHow would you spend $700 billion? Congress has to decide this month. One simple solution would be for Congress to extend the Bush-era tax cuts for households with incomes over $250,000 for another decade. That would use up all $700 billion. I feel bad for Congress....
| Nov 29, 2010 | Economy / BusinessI can understand why people object to a nation running up big deficits when it’s already deeply in debt. Borrowing your way out of debt is counter-intuitive. Many economists think it’s economically sound, but it’s a hard sell. I can see, kind of, why...
| Nov 22, 2010 | Economy / BusinessWe have seen the future and it is grim. That glimpse of the road ahead arrived in the form of a preview of the Bowles-Simpson Commission’s report on the kinds of things government has to do (and not do) if we want to avoid economic doom. Things like giving up...